Regulators plan to delay IM ‘big bang’ – market sources

Most see final phase of initial margin rules coming a year later, in September 2021

head time delay - Getty
Moving deadline: regulators expected to announce one-year delay to fifth and final phase of IM rules

Market participants expect regulators to announce a one-year delay to the fifth and final phase of the initial margin rules for non-cleared derivatives, which had been due to take effect in September 2020.

Not only do FX market participants form a big chunk of the last tranche of covered firms, but providers of prime brokerage services have complained in recent months that the non-cleared margin regime will drive up costs for the service through the mandatory posting of initial margin to both

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: